this post was submitted on 21 Mar 2026
31 points (100.0% liked)

technology

24290 readers
148 users here now

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

founded 5 years ago
MODERATORS
 

Unlike during previous oil shocks, renewable power is now competitive with fossil fuels in many places. More than 90% of new renewable power projects worldwide in 2024 were cheaper than fossil-fuel alternatives, according to the International Renewable Energy Agency.

“These crises regularly occur,” said James Bowen of the Australia-based consultancy, ReMap Research. “They are a feature, not a bug, of a fossil fuel-based energy system.”

you are viewing a single comment's thread
view the rest of the comments
[–] mickey@hexbear.net 2 points 5 hours ago

Comrade Trump takes the world economy off oil but without any offramp from hydrocarbons, we resort to coal burning and wind up with Cyber-Steampunk Occident vs Solarpunk Orient.